"Australian Prime Minister Anthony Albanese has become the unwitting star of a disturbing trend in investment scams, as scammers increasingly turn to deepfakes to lure victims into phony investment opportunities. According to Australia's corporate watchdog, there has been a significant surge in the use of deepfakes featuring well-known figures, with Albanese being the most commonly impersonated. The tactic allows scammers to create convincing, fake videos and audio recordings that appear to be genuine, but are actually designed to deceive and steal from unsuspecting investors. As the use of deepfakes in investment scams continues to rise, experts warn of the need for increased vigilance and awareness to protect vulnerable individuals from falling prey to these sophisticated schemes."
Australia’s corporate watchdog says PM is the figure most commonly used in deepfakes to promote phony investment opportunitiesGet our breaking news email, free app or daily news podcastThere has been a steep rise in scammers luring victims into phony investment opportunities using deepfakes of celebrities and politicians, Australia’s corporate watchdog has warned.And Anthony Albanese is the figure most commonly co-opted. Continue reading...
